Committee for a Responsible Federal Budget

FY 2016 Budget

Wrapping up the 2016 Fiscal Year

The Fiscal Year (FY) 2016 budget deficit totaled $587 billion, according to the final data from the Treasury Department. Although this is nearly 60...
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Policymakers Dig Hole $1.2 Trillion Deeper in 2015

With debt already around its highest level as a share of Gross Domestic Product (GDP) other than around World War II and estimated to grow with no...
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Expectations Vs Reality For the FY 2016 Budget

With the first session of the the 114th Congress rapidly drawing to a close and the big budget issues being settled, we will take a look at how the...
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Omnibus Bill Falls Back on the Usual Budget Gimmicks

The negotiations that concluded this week produced two major pieces of legislation. The most consequential for the budget is the $680 billion package...

Five Gimmicks Only Budget Wonks Get

The Bipartisan Budget Act of 2015, signed into law earlier this week, is fully offset over the next ten years, according to the scoring conventions...

Budget Deal Takes 20 Years to Offset Its Cost

The recently-enacted budget deal does not offset its ten-year cost like advocates have claimed, but what about the longer-term impact? The deal...

A New War Spending Gimmick In The Budget Deal

The Bipartisan Budget Act of 2015 is now the law of the land. While the law does not necessarily prevent a government shutdown, it does raise the...

Social Security Changes in the Budget Deal

The recently-introduced Bipartisan Budget Act of 2015 tackles a laundry list of items that lawmakers needed to address over this Congress, including...
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Budget Deal Truly Offsets Only Half Its Cost

Lawmakers are currently considering a budget deal that would increase appropriated spending, suspend the debt limit until March 2017, reallocate...
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Washington Post Praises Rigell Sequester Plan

Over the weekend, the Washington Post editorial board wrote a piece praising the sequester plan that Rep. Scott Rigell (R-VA) released last week. The...

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